US$ 7bln Southeast Asia’s first high-speed railway launched in Indonesia
Indonesia launched the first high-speed railway in South East Asia on Monday 2 October. The US$7.3 billion project is a part of China’s Belt and Road infrastructure initiative and largely funded by Chinese state-owned firms, according to CNN released on Monday.
The high-speed rail line, officially named WHOOSH, stands for “time-saving, optimal operation, reliable system” in Indonesian.
Connecting the Halim railway station in East Jakarta and West Bandung’s Padalarang railway station in West Java, Indonesia’s second-largest city and a major arts and culture hub, the train has the capacity to span with a speed of 350 kilometres per hour, President Joko Widodo sited in the ceremony, he added.
It should be mentioned that the project, originally scheduled to open in 2019, faced delays due to land disputes, the COVID-19 pandemic, and a budget overrun of $1.2 billion.
The high-speed railway, supported by China’s Belt and Road Initiative and operated by PT Kereta Cepat Indonesia China (PT KCIC), is a joint venture between four Indonesian state companies a joint-venture between four Indonesian state companies and China Railway International.
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